Trans Mountain Receives Positive Open Season Results

Symbols: KMP
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Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today announced that the commitments received through Kinder Morgan Canada's recent open season support moving forward with the proposed Trans Mountain pipeline system expansion. The expansion open season, held between Oct. 20, 2011, and Feb. 16, 2012, received strong binding commercial support from a diverse group of customers.

“The response to our open season was very encouraging,” said Ian Anderson, president of Kinder Morgan Canada. “The strong support received through this process will now allow us to complete initial project design and planning. We are looking forward to engaging in dialogue with First Nations, interested stakeholders and communities along the pipeline. The final decision on the proposed project will be known by the end of the first quarter of this year.”


 
 
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